Showing Results for tag: Extended Stay
HVMG to manage Texas Residence Inn property
US: Hospitality Ventures Management Group (HVMG) has been awarded a management contract for the 104-room Residence Inn by Marriott Waco/South in Texas.
ESA launches STAY Confident safety initiative
US: Extended Stay America has launched the STAY Confident initiative to focus on "the health, safety, and comfort of its guests".
LABS Collective launches safety programme
UK: LABS Collective has announced a new programme to promote safe social distancing and increase hygiene standards across its STAY and LABS brands.
Descent beckons towards the new reality
Sean Worker of T5 Strategies offers his thoughts on the view from the Covid peak and how to successfully negotiate the imminent descent.
Magnuson Hotels launches extended stay brand
US: Magnuson Hotels has launched an extended stay brand, with its first properties in Texas and Ohio.
ESA opens first franchise new-build property
US: Extended Stay America has opened its latest property, in Colonial Heights, Virginia.
ESA opens South Carolina property
US: Extended Stay America has opened a 120-key hotel in Bluffton, South Carolina.
Long-stay business proving resilient at The Collective
UK/US: Coliving developer and operator The Collective says short-term stays have been severely impacted by the lockdown but its long-stay business is proving resilient.
Quick Q&A: Sam Nazarian, sbe
Sam Nazarian, founder and CEO of sbe talks to SAN about launching the Hyde Living aparthotel brand in Europe, and what the Coronavirus pandemic has taught him.
Blackstone and Starwood Capital Group secure stakes in Extended Stay America
US: Real estate investors and private equity firms, Blackstone Group and Starwood Capital Group, have secured stakes in extended stay hotel chain Extended Stay America.
edyn's Stephen McCall: We are fundamentally social animals
edyn CEO Stephen McCall talks to SAN's Eloise Hanson about emerging from Covid-19 with new levels of unity and soul across the hospitality sector.
Minor Hotels targets Africa with Oaks extended stay brand
Thailand: Minor Hotels has appointed a regional director for Africa and plans to launch its oaks extended stay brand on the continent.
COVID-19 creates demand for extended-stay sector
Extended-stay properties are showing resilience against the COVID-19 pandemic with the majority remaining opening or repurposed for housing key workers.
Airbnb moves focus to extended stays
US: Airbnb is updating its landing page and introducing new features aimed at longer-term stays.
My Place launches Help Our Heroes initiative
US: My Place Hotels of America has launched its Help Our Heroes initiative, a campaign dedicated to providing financial support for first responders across America.
Wealth Hospitality Group acquires Tennessee Residence Inn property
US: Wealth Hospitality Group, a new company formed by a merger of Fusion Hospitality and Heritage Hospitality Group, has acquired the Residence Inn in Jackson, Tennessee.
Red Roof offers day rates to remote workers
US: Red Roof, which operates the HomeTowne Studios brand, is introducing day rates for remote workers in response to pandemic-enforced changes to the working environment.
My Place makes Arizona debut
US: My Place Hotels has announced the opening of My Place Hotel-West Phoenix/Avondale, AZ.
Global inventory hits 1.25 million units
UK: The eighth edition of the Global Serviced Apartments Industry Report (GSAIR), estimates that worldwide serviced apartment supply has increased by 14.75 per cent since 2018 to 1,254,743 units.
SAN operator survey seeks to share collective industry knowledge and experience
Worldwide: Serviced Apartment News is polling serviced apartment, aparthotel and extended stay operators across the globe to gauge the impact of the coronavirus on the sector and to share strategies for mitigating its effects.
Extended stay conversion proposed for Duluth
US: A building in downtown Duluth, Minnesota, could be transformed in to the city's first extended-stay hotel, aimed at serving hospital and construction workers.
Marriott begins employee furlough program
US: Marriott International is starting to furlough thousands of employees as it closes hotels globally.
Revenue management strategies to deal with COVID-19
Ally Northfield, managing director of Revenue by Design looks at strategies for mitigating the devastating impact of coronavirus on the hospitality sector.
ESA opens company-owned hotel in Florida
US: Extended Stay America has opened new-build company-owned hotel in Port Charlotte, Florida.
ESA promotes Bikulege to chief investment officer
US: Extended Stay America (ESA) has promoted Judi Bikulege to chief investment officer.
Willis to step down from Chatham role
US: Chatham Lodging Trust, a hospitality real estate investment trust (REIT) that invests in upscale extended-stay hotels, has announced that chief investment officer Peter Willis is stepping down from the company.
US extended stay occupancy at 19-year high
US: The latest figures from The Highland Group show that US extended-stay occupancy is at 19-year high despite the biggest increase in supply in 20 years.
ESA records $535 million earnings for 2019
US: Extended Stay America has released its full year results for 2019.
Eastney Guesthouse to become aparthotel
UK: A guesthouse in Dorset is set to convert some of its rooms into aparthotel units.
Serviced Apartment Awards 2020 shortlist revealed
UK: The shortlisted entries for the 2020 Serviced Apartment Awards have been announced in advance of the awards ceremony on March 12th in London.
Residence Inn makes Panama debut
Panama: The Residence Inn Panama City has opened in the city's Punta Paitilla neighbourhood.
Corporate Travel Management selects CAP Worldwide as extended stay partner
UK: Global TMC Corporate Travel Management (CTM) has appointed CAP Worldwide Serviced Apartments as its 2020 extended stay and alternative accommodation partner.
IHG launches new extended stay concept in Europe
Netherlands: Cycas Hospitality has signed a lease agreement with Van der Linde Architecten and Development company to manage IHG’s first Holiday Inn Express & Suites property in Europe.
My Place makes 25th US state debut with Minnesota property
US: My Place Hotels has properties in half of the US states with the addition of My Place Hotel-Shakopee in Minnesota.
First Belgian Residence Inn opens in Ghent
Belgium: Residence Inn has made its Belgian debut with the opening of the 105-key Residence Inn Ghent.
Choice Hotels launches extended stay brand, Everhome Suites
US: The first Everhome Suites, in the southern Californian town of Corona, marks Choice Hotels’ most recent foray into the extended stay market.
stayAPT Suites launches extended stay model with 12 US openings
US: stayAPT Suites, a new extended stay hotel brand, is launching its product offer with 12 new-build hotels across the US in 2020 and another 30 planned for 2021.
Provident rebrands second property as ESA
US: Provident Realty Advisors rebranded a Texas Candlewood Suites as an Extended Stay America property.
Extended Stay America on target for $275 million in quarterly earnings
US: Brokerages expect Extended Stay America (NYSE:STAY) to announce $275.09 million in sales for the current fiscal quarter, according to Zacks Investment Research.
Remington Hotels to manage Colorado Residence Inn
US: Third-party management company Remington Hotels has signed an agreement to manage the Residence Inn Steamboat Springs in Steamboat Springs, Colorado.
Extended stay hotel opens on Amelia Island
US: A Home2 Suites by Hilton property has opened on Amelia Island, South Carolina.
Embassy Suites opens in Arkansas
US: The 203-key Embassy Suites by Hilton Jonesboro Red Wolf Convention Center has opened in Jonesboro, Arkansas.
First UK Hyatt House property opens in Manchester
UK: Hyatt has announced the opening of the 116-key Hyatt House Manchester, the extended stay brand's first UK hotel.
Latest Florida Residence Inn opens for business
US: The 95-key Residence Inn by Marriott St. Petersburg Tierra Verde has opened its doors to guests.
Residence Inn opens in Walnut Creek
US: The 160-suite Residence Inn by Marriott in Walnut Creek, California is open for business.
Global inventory grows by 14.75 per cent in 18 months
UK: A preview of the 2020 Global Serviced Apartments Industry Report (GSAIR) has shown that global inventory has risen by 14.75 per cent since June 2018.
US extended stay: still strong with opportunities aplenty
Mark Skinner, partner at The Highland Group, gives SAN the latest snapshot of the flourishing US extended stay market.
First company-owned ESA new-build for 12 years opens in Florida
US: Extended Stay America has opened a new company owned hotel in Gibsonton, Florida, the first of its kind for the brand in more than 12 years.
WoodSpring opens 50th Texas property
US: WoodSpring Suites has opened WoodSpring Suites Pecos, the brand's 50th property in the Lone Star State.
Greater Boston Residence Inn opens for business
US: The 136-key Residence Inn by Marriott in Natick, Massachusetts has opened its doors.
